With LMG Secretariat LMG Forum February 2011 Christopher Croft, LMGS Justin Emrich, Atrium.

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With LMG Secretariat LMG Forum February 2011 Christopher Croft, LMGS Justin Emrich, Atrium

Transcript of With LMG Secretariat LMG Forum February 2011 Christopher Croft, LMGS Justin Emrich, Atrium.

Page 1: With LMG Secretariat LMG Forum February 2011 Christopher Croft, LMGS Justin Emrich, Atrium.

With

LMG Secretariat

LMG ForumFebruary 2011

Christopher Croft, LMGSJustin Emrich, Atrium

Page 2: With LMG Secretariat LMG Forum February 2011 Christopher Croft, LMGS Justin Emrich, Atrium.

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Agenda

• Modernisation update

• Atrium, messaging and endorsements

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© Xchanging 2010, no part of this document may be circulated, quoted or reproduced without prior written approval of Xchanging.

ECF2 Current Status

Claims Agreement Screen (CAS)

Single Sign On (SSO)

• MAT has now completed and been signed off• Deployment to production scheduled 4th March• Rollout from end of March onwards

Document File Viewer (DFV)

• 5.3 million documents extracted and 4.5m converted• 2.3m documents have been loaded• MAT starts beginning April• Deployed to production in beginning of May

• Rollout from late May onwards

Claims Workflow Services (CWS)• MAT start rescheduled to May• Deployment to production in J une• Rollout from J uly onwards

Claims Data Warehouse (CDW)• ECF005 remains the focus• MAT starts early March• Options for distribution are being evaluated

• 13 carriers receiving live messages• 1 fully integrated into own workflow • Others carriers to join by arrangement with Xchanging

Claims Workflow Triggers (CWT)

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© Xchanging 2010, no part of this document may be circulated, quoted or reproduced without prior written approval of Xchanging.

eAccounts

eAccounts Release 1B (R1B)

Now in Production

Initial use raised some teething troubles that will be resolved

Upgraded testing and training environment being established for full rollout

UIB, Guy Carpenter & Price Forbes have begun the implementation process with a target live date of 3rd May

eAccounts Release 2 (R2)

Detailed review continues of functional specifications produced early 2010

Assessment of impact will be produced once work is complete in 4 -6 weeks.

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Endorsements

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Coverholder reporting standards

• Premium standard

• US property exposure standard (ER 3001)

• NEW claims standard

• www.lloyds.com/acord

• Or see Sarah Thacker

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Co-lead binders & ECF

• Aim => to find the best method of allowing electronic processing of co-lead binders claims

• Main obstacle to all new claims on ECF

• Pilot approach being agreed

• More news in coming months

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Non bureau progress

• Pilot work starting involving Aon, Willis and 5ish company market insurers

• Probably run parallel processes to start with

• Some use of Exchange for messages

• Will allow us to build compelling business case to encourage adoption

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The Message Exchange Limited

• Cross market ownership of key infrastructure

• Directors:

– Shirine Khoury-Haq (IUA)

– Simon Gaffney (LIIBA)

– Kirk Maddern (LMA)

– Peter Spires (Lloyd’s)

• Close to signing a contract with IBM

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Future processing model

• Consultation paper published

• Consultation runs until end March

• Contact your association or

[email protected]

• www.londonmarketgroup.co.uk/future

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Questions?

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ePlacing Solution

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The Journey

> What have we built?

> Why?

> Benefits

> How hard was it?

> Do we like eEndorsements?

> What next?

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Atrium’s ePlacing Software Solution

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Gateway

Underwriting System

DMSMessage

Poller

Workflow db

U-Manager

In-BoxMMTRisk

Screen

MMT

Lookup Underwriter from Policy Ref or UMR

Routing

Lloyd’s Exchange

Third Party System Atrium System

MMT kept as a backup.

Other Workflows

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In-Box

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Message Detail Screen Link to Underwriting screen & Slip

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Reply Screen

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Message Allocation

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Send for Entry Workflow

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Atrium’s ePlacing Software Solution

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Gateway

Underwriting System

DMSMessage

Poller

Workflow db

U-Manager

In-BoxMMTRisk

Screen

MMT

Lookup Underwriter from Policy Ref or UMR

Routing

Lloyd’s Exchange

Third Party System Atrium System

MMT kept as a backup.

Other Workflows

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Why did we do it?

> Needed to integrate to get buy-in

> Fits Atrium’s Hub and Spoke Strategy

> Wanted a Fast and Flexible Solution

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Benefits of our Approach

> One In-Box

> Single Click

> Fully Integrated (as far as we can)

> Flexibility – very quick to build & alter

> Easy Management Information

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How hard was it?

> Spec kept changing – GUA Rules !!

> Breaking new ground for us – Acord messaging

> Easy to slot into our existing environment

> Est 20 days development

> Credit to Web Connectivity

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Do we like eEndorsements?

> Honestly

–Not a lot

–Process is too clinical - Silent Broke

–Not suitable for Negotiation

–“Back dating is a real pain”

> But

–Saves time on simple Requests & Notices

–Cuts down processing costs – scanning etc

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What next for Atrium?

> Link to Peer Review

> Merge Word Documents

> Open up Underwriting System for updates

> Merge our MMT with Web Conn’s

> Build Mobile app ?

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Future

> Improved Communication / Negotiation

> Other Classes / Message Types

> Mobility

> Collaboration ?

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